Cost Manager Position Available In New York, New York

Cost Manager
New York, New York
Accounting & Finance
18818
Corporate
Job Description
Responsibilities We are looking for a Cost Manager to join our team with Related Digital. This position will be fulltime onsite, based in our offices in New York City. This individual will report into the Senior Vice President. The Cost Manager will be responsible for: General

• act as an intermediary between development, construction, accounting and legal to produce financial/cost reporting
  Ensure compliance to established processes and procedures for all cost processes
  Reporting
• responsible for the projects weekly and monthly cost reporting.

This includes the monthly cost report for internal reporting to upper management and external reporting to partners, lenders and tenants. Be prepared to discuss all relevant cost information with upper management
Work with development manager, project management and accounting to transforming the estimates or proformas from native format into the cost code structure to be used on the project
As the project progresses, maintain the structure of the ACR by ensuring transfers are performed and new cost codes are created to track budget, contracts, allowances, unbought scope and holds
Prepare cost analysis and reports containing historical, current, and forecasted information for use by project stakeholders
Budgets

• maintain a deep understanding of the projects hard and soft cost budget. This includes understanding what work remains to be procured and what contingencies or Holds are available for use on remaining scope
  Contingency
• report on committed and projected uses of contingency including uses for procurement and exposures
  Change Events
• be able to manage and report on the projects change events log for hard and soft costs. Ensure all change events are tracked and reported with all relevant information including budget source and exposure amounts
  Holds
• work with the procurement team to understand all Holds created. Track and report on current and anticipated use of Hold dollars
  Ensure anticipated risk is incorporated into cost analysis and projections
  Estimates
• work in detail with development team, design team and construction team to create and review estimates
  Prepare cash flows and update as required
  Procurement
• work with the procurement team to very that bid package budgets are accurate
  Assist in contract close out and ensure all cost data is accurately incorporated into close out process Compensation $130,000
• $150,000 / year
  Annual performance based bonus Qualifications Minimum of 5 years relevant experience in real estate development or construction management, data centers is preferred
  Bachelor’s degree in Engineering, Construction Management or related field.

Master’s Degree is a plus
Advanced proficiency in Microsoft Excel
Strong analytical, interpersonal and communication skills with the ability to influence and engage stakeholders at all levels
Ability to handle multiple tasks, and to work independently in an organized manner with strong attention to detail and accuracy Please note that Related has adopted a

COVID-19

vaccination policy to safeguard the health and well-being of our employees. As a condition of employment, Related employees working on-site are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law. Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards. For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://www.related.com/privacy-policy. #TRC #LI-JF1